Shareholders Assembly Board

The Shareholders Assembly Board for Supervision of Business Operations and Reporting to shareholders is the advisory and professional body of the Shareholders Assembly which provides assistance, reviews issues falling within its responsibilities and monitors business activity in line with the NIS j.s.c. Novi Sad Articles of Association.

The main tasks of the Shareholders Assembly Board are to control the most important processes in the Company and to maintain compliance with the laws and other regulations as well as methods of reporting to the shareholders of the Company.

The Shareholders Assembly Board cannot pass decisions on behalf of the Shareholders assembly, and the members of the Shareholders Assembly Board are accountable for their work to the Shareholders Assembly, which appoints them to and relieves them of their duty.

The Shareholders Assembly Board has 3 members, one of whom acts as the Chairman of the Shareholders Assembly Board.

Members of the Shareholders Assembly Board

Nenad Mijailovićchairman of the Shareholders Assembly Board

Born on October 14, 1980 in Čačak, Serbia.

Mr. Mijailović graduated from the Faculty of Economics, University of Belgrade in 2003. In 2007, he obtained an MBA degree from the University of Lausanne, Switzerland. In 2010, he started his PhD studies at the Faculty of Economics, University of Belgrade. As from 2011, he has held an international CFA license in the field of Finance.

From 2003 to 2009, he worked as a consultant and manager in finance and banking in the following companies: Deloitte Belgrade, AVS Fund de Compensation Geneve, JP Morgan London, KBC Securities Corporate Finance Belgrade. From December 2009 to August 2012, Mr. Mijailović served as Advisor to the Minister in the Ministry of Economy and Regional Development, Department of Economy and Privatization. Since August 2012, he has held the position of Deputy Minister of Finance and Economy of the Republic of Serbia. As of August 2014, he served as the Secretary of State in the Ministry of Finance of the Republic of Serbia.

Mr. Mijailović was a member of NIS j.s.c. Novi Sad BoD from 18.06.2013 tо 30.06.2014. He was appointed Chairman of the NIS j.s.c. Novi Sad Board for the Supervision of Operations and Procedure for Reporting to NIS j.s.c. Shareholders as of 30.06.2014.

Zoran Grujičić

Born on July 28, 1955 in Čačak, Serbia.

Mr. Grujičić graduated from the Faculty of Mechanical Engineering, University of Belgrade.

From 1980 to 1994, he was employed with Heat Transfer Appliances Plant “Cer” in Čačak, where he held a variety of positions, including General Manager, Technical Manager, Production Manager and Design Engineer. From May 1994 to February 1998, he served as Advisor to the General Manager of Interkomerc, Belgrade. From Ferbuary 1998 to June 2004, he was Managing Director of the Company MNG Group d.o.o., Čačak. From June 2004 to February 2007, he was Director of the Trading Company Agrostroj j.s.c. Čačak, Director of the limited partnership company Leonardo from Čačak and Director of the Vojvodina Highway Centre. Since February 2007, Mr. Grujičić has been employed with NIS j.s.c. Novi Sad and has held the following positions: Deputy Director of the Logistics Department, Jugopetrol; Head of RC Čačak at the Retail Department – Čačak Region; Manager of the Retail Network Development of the Development Department, Sales and Distribution. Since 01.10.2012 tо January 2016 he had served as Advisor to the Sales and Distribution Director and since February 2016 - as Advisor to the Function for External Affairs and Government Relations Director. Since October 2017 he has served as Advisor to the General Director.

He was appointed member of the NIS j.s.c. Novi Sad Board for the Supervision of Operations and Procedure for Reporting to NIS j.s.c. Shareholders as of 30.06.2014.

Mr. Urusov graduated from the Tyumen State University (specialist in finance) and the University of Wolverhampton in the United Kingdom (BA (Hons) Business Administration). Mr. Urusov holds and MSc degree in Sociology.

From 2006 to 2008 worked as executive vice-president for planning and performance management in the Integra Group. From 2002 to 2006 worked in TNK-BP. From 2002 to 2003 member of TNK BoD’s Group for monitoring and control, and in period from 2004 to 2006 worked as CFO in TNK-BP Ukraine. From 2009 to 2012, Mr. Urusov was employed with NIS j.s.c. Novi Sad as Chief Finance Officer. Since 2012 and nowadays is employed as a Director of economics and corporate planning with PJSC «Gazprom Neft».

He was appointed member of the NIS j.s.c. Novi Sad Board for the Supervision of Operations and Procedure for Reporting to NIS j.s.c. Shareholders as of 25.06.2012. /p>